Saturday, September 17, 2016

Survey The Stats On Allowance vs Paid Chores vs Both vs Neither

Like any skill, managing money takes hands-on practice. So what’s the best way to put some funds in your kids’ hands? A regular fixed allowance? Payments for specific completed chores or odd jobs? A combination of the two? Or, perhaps neither — just make one-off transfers when necessary.

Here’s what FamZoo.com parents are doing based on anonymous statistics collected from paying families in the last 60 days:

Disclaimer

The content of FamilyFinanceFavs.com is for general information purposes only and does not constitute professional advice. Visitors to FamilyFinanceFavs.com should not act upon the content or information without first seeking appropriate professional advice.